Refer to the Consolidated Statements of Income and Retained Earnings and the Consolidated Balance Sheet for International Corporation in Appendix A at the back of the book. Respond to each of the following questions. Be sure to show supporting computations for your response.

a Assume that marketable securities with a cost of \(\$ 15,600,000\) were sold during 19X1. Determine the acquisition cost of marketable securities purchased during the year.

b Assuming that all sales during \(19 \mathrm{X} 1\) were made on account and that \(\$ 14,000,000\) of accounts receivable were written off as uncollectible during 19X1, determine the amount of cash collections from customers during the year.

c Refer to the assumptions made in part

b. Determine the provision for uncollectible accounts during \(19 \mathrm{XI}\).

d Assume that "Other Current Liabilities" include dividends payable of \(\$ 15,300,000\) on December 31, 19X0 and \(\$ 16,700,000\) on December 31, 19X1. Determine the amount of dividends paid during 19X1.

e Assume that the cost of plant and equipment acquired during \(19 \mathrm{X} 1\) totaled \(\$ 187,517,000\). Determine the acquisition cost of plant and equipment sold or otherwise disposed of during the year.